SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Over 100,000 more unemployed in a year

In January, the number of unemployed rose to 592,000, according to statistics from SCB. It is an increase of 114,000 people compared to the same month the previous year.

» Published: February 17 2025

Over 100,000 more unemployed in a year
Photo: Karin Wesslén / TT

Unemployment has risen from 8.5 percent to 10.4 percent in a year.

The number of long-term unemployed amounted to 173,000 and the employment rate was 67.1 percent, compared to 67.6 percent in January last year.

Louise Stener, statistician at SCB, believes that one should interpret the figures with some caution.

Now it's the first measurement this year that shows this. To say that something is a lasting change, we often want to see that it's several months that are the basis, she says.

Stener emphasizes that unemployment in January last year was relatively low, which affects. Moreover, SCB's survey is a sample survey. The job-seeking individuals who are part of the panel are in the age range 15-74 years.

But even the Employment Service's figures show rising unemployment.

The figures are based on registered job seekers in the age range 16-65 years. According to the Employment Service, nearly 381,000 people were unemployed at the end of January this year, which corresponds to a total of 7.2 percent. It is the highest level in three years.

We still see a brightening ahead and our assessment is that unemployment will stop increasing during the spring and begin to decrease during the autumn, said the Employment Service's analysis director Eva Samakovlis when the figures were presented last week.

Tags

TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Sweden's Food Summit Focuses on Dialogue, Not Direct Demands

Sweden's Food Summit Focuses on Dialogue, Not Direct Demands

Interest Grows in Northvolt Assets Amid Bankruptcy Proceedings

Interest Grows in Northvolt Assets Amid Bankruptcy Proceedings

Wall Street Slips as Tesla Recalls 46,000 Cybertrucks

Wall Street Slips as Tesla Recalls 46,000 Cybertrucks

EU Delays Bourbon Tariffs, Seeks Talks with Trump Administration

EU Delays Bourbon Tariffs, Seeks Talks with Trump Administration

Bank of England Holds Interest Rate Steady Amid Inflation Concerns

Bank of England Holds Interest Rate Steady Amid Inflation Concerns

Geely's Profit Soars in 2024 with Strategic Shift and Sales Boost

Geely's Profit Soars in 2024 with Strategic Shift and Sales Boost

Mercedes CEO Calls for Zero Tariffs to Boost US-EU Trade

Mercedes CEO Calls for Zero Tariffs to Boost US-EU Trade

Switzerland Nears Zero Interest Rate as Central Bank Cuts Again

Switzerland Nears Zero Interest Rate as Central Bank Cuts Again

Swedish Central Bank Holds Steady on Interest Rates Amid Inflation Concerns

Swedish Central Bank Holds Steady on Interest Rates Amid Inflation Concerns

Swedish Central Bank Holds Rates Steady, Ready to Act on Inflation

Swedish Central Bank Holds Rates Steady, Ready to Act on Inflation

Stockholm Stock Exchange Slips as Global Markets Turn Negative

Stockholm Stock Exchange Slips as Global Markets Turn Negative

Sweden Tackles Rising Food Costs: Government Meets with Industry Leaders

Sweden Tackles Rising Food Costs: Government Meets with Industry Leaders

China Holds Steady on Interest Rates Amid Economic Challenges

China Holds Steady on Interest Rates Amid Economic Challenges

Trump Calls on Fed to Lower Interest Rates Amid Economic Uncertainty

Trump Calls on Fed to Lower Interest Rates Amid Economic Uncertainty

Fed Holds Interest Rates Steady Amid Economic Uncertainty

Fed Holds Interest Rates Steady Amid Economic Uncertainty

Sweden's Economy Faces Higher Unemployment Despite Growth Signs

Sweden's Economy Faces Higher Unemployment Despite Growth Signs

Another Major Bank Raises Mortgage Interest Rates

Another Major Bank Raises Mortgage Interest Rates

European Inflation Revised Downward

European Inflation Revised Downward

Stockholm Exchange Sees Slight Gains Amid Mixed European Markets

Stockholm Exchange Sees Slight Gains Amid Mixed European Markets

More and more rush to declare

More and more rush to declare

Inflation Expectations Rise

Inflation Expectations Rise

Wallenberg does not believe in state rescue of Northvolt

Wallenberg does not believe in state rescue of Northvolt

Hard to find an apprenticeship for vocational programs

Hard to find an apprenticeship for vocational programs

Record win for Skistar: Prioritizing the mountains

Record win for Skistar: Prioritizing the mountains

Forecast: Cheap Electricity Due to High Water Levels

Forecast: Cheap Electricity Due to High Water Levels

Swedish trade unique - "can be price-increasing"

Swedish trade unique - "can be price-increasing"

Mostly Upwards on Asian Stock Exchanges

Mostly Upwards on Asian Stock Exchanges

Japan leaves the interest rate unchanged

Japan leaves the interest rate unchanged

SBAB: The Central Bank lowers the interest rate after the summer

SBAB: The Central Bank lowers the interest rate after the summer

Nvidia rolls into GM's vehicles

Nvidia rolls into GM's vehicles

Wallenberg outraged by food boycott

Wallenberg outraged by food boycott

Now Northvolt's layoffs begin: "Tough days"

Now Northvolt's layoffs begin: "Tough days"

Siemens cuts 6,000 jobs

Siemens cuts 6,000 jobs

Wall Street fell again – Tesla continues to plummet

Wall Street fell again – Tesla continues to plummet

Assa Abloy hacked – data may be spread

Assa Abloy hacked – data may be spread

New confidence for the oil fund's CEO

New confidence for the oil fund's CEO

Heavy decision on Northvolt this week

Heavy decision on Northvolt this week

Ikano Bank Cuts Back – 200 to Go

Ikano Bank Cuts Back – 200 to Go

Wage Negotiations in Final Stage – New Bids on the Way

Wage Negotiations in Final Stage – New Bids on the Way

Mortgage lenders raise interest rates

Mortgage lenders raise interest rates